2+ day, 11+ hour ago   (369+ words) Written by Ethan Bernard Worthington Steel marked another step in its takeover of Kloeckner & Co. The Columbus, Ohio-based service center group announced on Sept. 8 that it had signed a domination and profit-and-loss transfer agreement (DPLTA) with Kloeckner. This was pursuant…...

1+ week, 1+ day ago   (647+ words) Written by Stephen Miller The market activity for pig iron imports in the US has been limited recently. However, there have been two cargoes transacted from Brazil as well as continuing imports from India. According to sources with whom SMU…...

1+ week, 4+ day ago   (798+ words) Written by Michael Cowden JSW Steel USA has pushed back the planned outage at its plate mill in Baytown, Texas, the company’s top executive said. The 45-day outage will now take place in September instead of August, as initially planned,…...

4+ week, 2+ day ago   (370+ words) Written by Laura Miller Nucor Corp. plans to invest $59 million to expand its Vulcraft Indiana manufacturing operations in St. Joe, Ind. The investment will add capabilities to produce steel grating products. The Charlotte, N.C.-based steel company expects the investment to…...

1+ mon, 1+ day ago   (346+ words) Written by David Schollaert Nucor announced revisions on its galvanized and galvannealed coating extras on Monday, Aug. 10, increasing both. The move was effective with orders confirmed for the week ending Oct. 10, the letter said. In an email sent to customers…...

1+ mon, 1+ week ago   (457+ words) Written by Kristen DiLandro Algoma Steel narrowed its net loss by 13% in the second quarter as the company’s electric-arc furnace (EAF) steelmaking ramped up further. The Sault Ste. Marie, Ontario-based steelmaker posted a net loss of Canadian $96.0 million (USD$68.5 million)…...

1+ mon, 2+ week ago   (813+ words) Written by Laura Miller The US flat-rolled steel market is tightening further as domestic demand accelerates, imports fall sharply, and Nucor’s expanded sheet and plate capabilities begin to reshape supply dynamics across key end-use sectors. Speaking on the company’s second-quarter…...

1+ mon, 2+ week ago   (222+ words) Written by Kristen DiLandro In 2022, Nucor acquired the Summit Manufacturing plant. Since then, it has added new production bays and advanced automation. The company invested $60 million to upgrade the facility, which produces large tubular steel powers and transmission towers. Kristen…...

1+ mon, 2+ week ago   (917+ words) Written by Michael Cowden Cleveland-Cliffs’ top executive said any restart of the blast furnace at its Dearborn Works in Michigan hinges on automakers reshoring more production to the US. Company Chairman and CEO Lourenco Goncalves also said the future of…...

3+ mon, 3+ day ago   (669+ words) Written by Laura Miller Two countries have ramped up slab exports to the US in the wake of declining tonnages from other major suppliers, despite overall slab imports falling by nearly a third from last year. Total imports of carbon…...